The Austrian Institute of Economic Research (WIFO) considers that the federal province hit extremely hard by the economic crisis has resumed the upward trend.

According to Karl Aiginger, Director of WIFO, the economic upswing has been fully restored in Styria. The acute economic and fiscal policy measures have had the expected results. However, the future has to be invested in, and reforms are also necessary. A further outbreak of the crisis is considered as extremely unlikely by Aiginger.